Call Prefix : PR-AS

Call Suffix : 2006

Call Main : SEARCA AJAD 2006 3-1-1

Location : SEARCA Library

Format : Printed; electronic

Series : Asian Journal of Agriculture and Development (AJAD)

Publisher : SEARCA

Publication Date : 2006

Publication Place : Los Banos, Laguna

Summary : This paper conducts an empirical investigation of the rural credit market in Myanmar to help guide policy formulation on the microfinance operations in the country. Specifically, it looks into the determinants of credit demand and of rationing loans at the household level, and identifies the similarities, differences and relationships among the various segments of the rural credit market. Data are primarily gathered through a survey covering a total of 301 households among 7 villages in the Dry Zone. The results reveal the characteristics distinguishing the different types of credit sources, implying that the formal and semiformal credit are targeted towards different sets of clientele. The findings also suggest that promoting the semiformal credit sources likewise strengthens the development of formal credit sources.